T1 Energy Shares Rise on Construction of Solar Cell Fabrication Facility

Dow Jones12-19

By Elias Schisgall

T1 Energy shares rose after the company said it had begun construction on its G2_Austin solar cell fabrication facility.

The stock, which reached a 52-week high of $7.04 on Dec. 9, has more than doubled in price this year.

The solar and battery energy company said the new facility, in Milam Country, Texas, will cost between $400 million and $425 million and support up to 1,800 advanced manufacturing jobs.

The first phase of the facility is expected to start producing cells by the end of next year with an annual capacity of 2.1 gigawatts. It said the first phase alone would exceed existing U.S. manufacturing capacity for silicon-based solar cells.

The second phase of the facility is expected to reach an annual capacity of 3.2 gigawatts, with the possibility of expansion due to cell demand.

The company said it expects to use the cells to build solar modules at its facility in Dallas.

Write to Elias Schisgall at elias.schisgall@wsj.com

(END) Dow Jones Newswires

December 18, 2025 11:23 ET (16:23 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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